Global Newswire by Notified: M&A

AUGUST 1, 2025

As a leader in the financial advisor-mediated marketplace, LPL supports over 29,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $1.9 (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S.

Acquisitions

Razorpay

OCTOBER 13, 2023

Wire transfer: Typically processed by banks or financial institutions through a secure and networked system like SWIFT (Society for Worldwide Interbank Financial Telecommunication), it is the most preferred method for cash-in-advance.

Business

Razorpay

SEPTEMBER 17, 2023

Use Acts as a terminal for card validation and fraud prevention Acts as mediator between merchants and financial institutions to facilitate credit card transactions. They serve as a go-between for the merchant and the financial institutions concerned. This widens their reach and makes contributions more accessible.

Banking

Razorpay

MARCH 21, 2024

The NPCI mediates in case of any disputes or issues arising from such transactions and ensures compliance with the regulatory guidelines. The payer receives a confirmation message and can view the status of the e-mandate on their bank’s portal or app. The payer can cancel the e-Mandate anytime by contacting their bank or the payee.

IT

Razorpay

JANUARY 2, 2024

Merchant accounts require a dedicated account with a financial institution and offer more control over funds and transaction processes. Payment gateways enable secure fund transfers from the customer’s bank to the merchant’s account, encrypting data and acting as a mediator.

IT

Razorpay

APRIL 10, 2025

e-Mandate Key Takeaways The financial institution you want to pay through e-Mandate must be registered with the National Payments Corporation of India (NPCI) to offer NACH services. The NPCI mediates in case of any disputes or issues arising from such transactions and ensures compliance with the regulatory guidelines.

IT